Edgestream Partners L.P. Purchases Shares of 5,259 Booz Allen Hamilton Holding Co. (NYSE:BAH)

Edgestream Partners L.P. bought a new stake in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 5,259 shares of the business services provider's stock, valued at approximately $677,000.

Other large investors have also added to or reduced their stakes in the company. Peterson Financial Group Inc. acquired a new stake in Booz Allen Hamilton during the third quarter worth approximately $31,000. Bogart Wealth LLC boosted its holdings in shares of Booz Allen Hamilton by 387.5% in the 4th quarter. Bogart Wealth LLC now owns 195 shares of the business services provider's stock valued at $25,000 after purchasing an additional 155 shares in the last quarter. SRS Capital Advisors Inc. boosted its holdings in shares of Booz Allen Hamilton by 3,314.3% in the 4th quarter. SRS Capital Advisors Inc. now owns 239 shares of the business services provider's stock valued at $31,000 after purchasing an additional 232 shares in the last quarter. R Squared Ltd acquired a new stake in shares of Booz Allen Hamilton in the 4th quarter valued at $31,000. Finally, Roxbury Financial LLC acquired a new stake in shares of Booz Allen Hamilton in the 4th quarter valued at $35,000. Institutional investors and hedge funds own 91.82% of the company's stock.

Booz Allen Hamilton Trading Up 0.6 %

Shares of BAH stock traded up $0.64 during mid-day trading on Friday, hitting $111.96. The company's stock had a trading volume of 1,322,317 shares, compared to its average volume of 1,214,882. The company's fifty day simple moving average is $123.40 and its 200-day simple moving average is $143.64. Booz Allen Hamilton Holding Co. has a 52 week low of $101.82 and a 52 week high of $190.59. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.57 and a current ratio of 1.57. The company has a market cap of $14.18 billion, a PE ratio of 16.69, a P/E/G ratio of 1.25 and a beta of 0.56.

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Booz Allen Hamilton (NYSE:BAH - Get Free Report) last posted its quarterly earnings data on Friday, January 31st. The business services provider reported $1.55 earnings per share for the quarter, topping the consensus estimate of $1.48 by $0.07. Booz Allen Hamilton had a return on equity of 68.97% and a net margin of 7.39%. As a group, equities research analysts expect that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th were given a $0.55 dividend. The ex-dividend date was Friday, February 14th. This is a positive change from Booz Allen Hamilton's previous quarterly dividend of $0.51. This represents a $2.20 annualized dividend and a dividend yield of 1.96%. Booz Allen Hamilton's dividend payout ratio (DPR) is 32.79%.

Analyst Ratings Changes

A number of brokerages have weighed in on BAH. Barclays raised Booz Allen Hamilton from an "underweight" rating to an "equal weight" rating and set a $140.00 target price on the stock in a report on Monday, January 6th. The Goldman Sachs Group reduced their target price on Booz Allen Hamilton from $210.00 to $158.00 and set a "buy" rating on the stock in a report on Thursday, December 12th. JPMorgan Chase & Co. reduced their target price on Booz Allen Hamilton from $142.00 to $140.00 and set an "underweight" rating on the stock in a report on Monday, February 3rd. UBS Group assumed coverage on Booz Allen Hamilton in a research note on Monday, December 2nd. They issued a "neutral" rating and a $159.00 price target for the company. Finally, TD Cowen dropped their price target on Booz Allen Hamilton from $200.00 to $155.00 and set a "buy" rating for the company in a research note on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Booz Allen Hamilton has an average rating of "Hold" and an average target price of $158.27.

Booz Allen Hamilton Profile

Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to governments, corporations, and not-for-profit organizations in the United States and internationally. It focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.